Logo Contxto

Fintech

Konfío Seeks Banking License to Boost SME Credit Services

Fintech unicorn Konfío aims for banking license to expand offerings to small and medium-sized businesses in Mexico.

April 17, 2024

SFC Authorizes Integrity Corporación Financiera to Enter Colombian Market

Int3grity Labs, Integrity USA, and Colombian investors receive approval to establish specialized financial solutions company.

April 16, 2024

Wenance CEO Alejandro Muszak Arrested for Alleged Multi-Million Dollar Fraud

Fintech executive faces charges of repeated scams and illicit association, defrauding investors of over $1 million.

April 16, 2024

Nubank to Launch Mobile Operator Using Claro’s Network

Nubank plans to expand beyond banking with a new MVNO service approved by Anatel, leveraging Claro’s infrastructure.

April 16, 2024

PicPay Debuts Card Machines to Target Entrepreneurial Client Base

Aiming to expand its offerings for corporate clients, PicPay launches POS and TEF machines after posting its first-ever profit in...

April 16, 2024

Nubank Colombia secures $150M from DFC to boost access to credit and digital banking

The U.S. International Development Finance Corporation approved the loan to support Nu Colombia's expansion of credit card operations and digital...

April 10, 2024

Fintech Fiado authorized as an Electronic Payment Funds Institution in Mexico

Pago Confiado becomes the first Financial Technology Institution of 2024 to obtain CNBV approval

April 10, 2024

PayRetailers obtains payment institution license from Brazil’s Central Bank

The approval enables the company to offer new services to local and cross-border clients, including the recently regulated online gaming...

April 9, 2024

Revolut Bank Secures License for Mexico Operations as Digital Finance Expand

This approval aligns Revolut México with other digital banking giants such as Santander's OpenBank, Banorte's Bineo, and BanRegio's Hey Banco,...

April 3, 2024

Fintechs adjust rates and terms in the face of economic volatility in Mexico

In the midst of Mexico's fintech revolution, Nu Mexico, Klar and Finsus adjust their strategies to survive the rate war...

March 28, 2024